USDA Revokes Approved Lender Status of Ten Lenders: Irresponsible Lending Has No Place in Government

U.S. Department of Agriculture Secretary Brooke Rollins has announced the removal of ten lenders from participation in the USDA Rural Development (RD) OneRD Guaranteed Lending Program. These lenders will be precluded from further participation in the program.

“The Trump Administration has absolutely no tolerance for the irresponsible and noncompliant actions of these lenders and has banned them from participating in USDA guaranteed lending programs,” said Secretary Rollins. “I will continue to protect the American taxpayer and ensure their hard-earned dollars are spent where they belong - on projects that revive and strengthen rural America.”..

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